Welcome!

News Feed Item

Simplifying IT Leads to Better Business Outcomes, According to New Research From Leading Analyst Firm

Average Company in Study Realized $83M in Annual Benefits

REDWOOD SHORES, CA -- (Marketwired) -- 07/07/14 -- Oracle (NYSE: ORCL)

News Summary
A new study from IDC, a leading provider of global IT research and advice, shows that IT complexity leads to lower profits and curbs an organization's ability to innovate and grow. Companies in the study who reduced IT complexities were able to realize average annual benefits of $83 million. They also achieved other benefits including faster time to market, better customer service, and the ability to reallocate IT staff to more strategic projects.

News Facts

  • Available today, a new IDC White Paper, sponsored by Oracle, titled "Simplifying IT to Drive Better Business Outcomes and Improved ROI" (June 2014) outlines the challenges that IT complexity creates in today's organizations.
  • For the IT department, challenges include increased operational costs, reduced staff productivity and reduced ability to provide high levels of service to the business.
  • For the business, IT complexities lead to lower profits, less innovation, reduced customer and user satisfaction and less competitive advantage.
  • Companies who participated in the study were able to realize annual benefits of $3,610 per user through their IT simplification initiatives. The average company studied has approximately 23,000 IT users, which translates into annual benefits of $83 million.
  • The study also found that IT simplification drives a number of non-dollar benefits, including improved user productivity, faster time to market, and better customer experience.
  • Efforts to simplify IT included migrating to the cloud, investing in engineered systems, replacing legacy systems with modern applications, and other steps.
  • Most participating organizations found that to truly simplify IT, they needed to replace their outdated infrastructure with a simpler, consolidated, modern foundation that was better equipped to address today's demands.
  • Click here for access to the full report.

Supporting Quotes

  • "Many companies today are overwhelmed by the cost and competitive disadvantage that IT complexity can create," said IDC's Group Vice President, Software Business Solutions, Michael Fauscette. "By simplifying their IT infrastructure, organizations can devote more of their focus and resources to delivering innovation, driving productivity and keeping customers happy."

  • "From the boardroom to the IT department, it is clear that battling complexity is a never-ending challenge organizations today must address," said Oracle Senior Vice President and Chief Communications Officer, Bob Evans. "Many of our customers are tired of doing all the integration work themselves, so they are investing in systems that are engineered to work together. Or they're migrating to cloud services that work well with each other. Those companies are spending less time and money on integration and maintenance, and more on innovation, so they are better positioned to compete and succeed."

Methodology
Oracle commissioned the survey with IDC in 2014 to examine the degree of complexity in IT environments today and the benefits associated with simplifying those environments. The findings are based on in-depth interviews with senior business and IT executives in nine separate enterprises that span a variety of industries, including financial services, e-commerce, medical/life sciences, retail, defense/aviation, and government. The interviews also spanned a number of geographic regions, including the U.S., Europe, and Latin America.

Supporting Resources

About Oracle
Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NYSE: ORCL), visit www.oracle.com.

Trademark
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Embedded Video Available

Embedded Video Available: http://www2.marketwire.com/mw/frame_mw?attachid=2632325

Contacts:
Deborah Hellinger
Oracle
+1. 212.508.7935
Email Contact

Jessica Moore
Oracle
+1.650.506.3297
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Existing Big Data solutions are mainly focused on the discovery and analysis of data. The solutions are scalable and highly available but tedious when swapping in and swapping out occurs in disarray and thrashing takes place. The resolution for thrashing through machine learning algorithms and support nomenclature is through simple techniques. Organizations that have been collecting large customer data are increasingly seeing the need to use the data for swapping in and out and thrashing occurs ...
SYS-CON Events announced today that Enzu will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive ad...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
SYS-CON Events announced today that Interoute has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Interoute is the owner operator of Europe's largest network and a global cloud services platform, which encompasses over 70,000 km of lit fiber, 15 data centers, 17 virtual data centers and 33 colocation centers, with connections to 195 additional partner data centers. Our full-service Unifie...
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs oft...
SYS-CON Events announced today that Carbonite will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Carbonite protects your entire IT footprint with the right level of protection for each workload, ensuring lower costs and dependable solutions with DoubleTake and Evault.
SYS-CON Events announced today that WineSOFT will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Based in Seoul and Irvine, WineSOFT is an innovative software house focusing on internet infrastructure solutions. The venture started as a bootstrap start-up in 2010 by focusing on making the internet faster and more powerful. WineSOFT’s knowledge is based on the expertise of TCP/IP, VPN, SSL, peer-to-peer, mob...
When NSA's digital armory was leaked, it was only a matter of time before the code was morphed into a ransom seeking worm. This talk, designed for C-level attendees, demonstrates a Live Hack of a virtual environment to show the ease in which any average user can leverage these tools and infiltrate their network environment. This session will include an overview of the Shadbrokers NSA leak situation.
Cloud-based disaster recovery is critical to any production environment and is a high priority for many enterprise organizations today. Nearly 40% of organizations have had to execute their BCDR plan due to a service disruption in the past two years. Zerto on IBM Cloud offer VMware and Microsoft customers simple, automated recovery of on-premise VMware and Microsoft workloads to IBM Cloud data centers.
SYS-CON Events announced today that Ocean9will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Ocean9 provides cloud services for Backup, Disaster Recovery (DRaaS) and instant Innovation, and redefines enterprise infrastructure with its cloud native subscription offerings for mission critical SAP workloads.
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs ofte...
Most DevOps journeys involve several phases of maturity. Research shows that the inflection point where organizations begin to see maximum value is when they implement tight integration deploying their code to their infrastructure. Success at this level is the last barrier to at-will deployment. Storage, for instance, is more capable than where we read and write data. In his session at @DevOpsSummit at 20th Cloud Expo, Josh Atwell, a Developer Advocate for NetApp, will discuss the role and valu...
SYS-CON Events announced today that Cloud Academy will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloud Academy is the industry’s most innovative, vendor-neutral cloud technology training platform. Cloud Academy provides continuous learning solutions for individuals and enterprise teams for Amazon Web Services, Microsoft Azure, Google Cloud Platform, and the most popular cloud computing technologies. Ge...
As cloud adoption continues to transform business, today's global enterprises are challenged with managing a growing amount of information living outside of the data center. The rapid adoption of IoT and increasingly mobile workforce are exacerbating the problem. Ensuring secure data sharing and efficient backup poses capacity and bandwidth considerations as well as policy and regulatory compliance issues.